NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HSBC Corporate Bond-Growth for NRI [75.54]

Min Investment

5,000

Fund Size

6,291.55 Cr

Expense Ratio

0.6%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

75.54

0.19%

NAV as on 04 Feb 26, 12:00 AM

low to moderate risk

corporate bond

debt

NAV as on 04 Feb 26, 12:00 AM

low to moderate risk

corporate bond

debt

7.36%p.a.

Last 1Y

7.36%p.a.

Last 3Y

5.96%p.a.

Last 5Y

7.26%p.a.

Since Inception

About HSBC Corporate Bond-Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HSBC Corporate Bond-Growth scheme from HSBC Global Asset Management (India) Private Limited. It is a Corporate Bond mutual fund scheme that predominantly invests in Corporate Bond stocks of companies. Launched on Jun 1997, HSBC Corporate Bond-Growth is Corporate Bond fund of its category with 6,291.55 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Corporate Bond funds.

  • HSBC Corporate Bond-Growth delivered 7.4% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
  • HSBC Corporate Bond-Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.

Top 10 Holdings

Repo

0.90%

Net Payables

-0.45%

Power Grid Corpn. Of India Ltd. 7.2 09/08/2027

1.12%

Export-Import Bank Of India 7.22 03/08/2027

2.17%

CENTRAL GOVERNMENT LOAN 20061 GOI 08JN28 7.17 FV RS 100

0.04%

LIC HOUSING FINANCE LIMITED TR- 359 7.95 LOA 29JN28 FVRS10LAC

1.82%

RURAL ELECTRIFICATION CORPORATION LIMITED SERIES GOI-V 8.54 BD 15NV28 FVRS10LAC

0.84%

HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SERIES I 8.6 BD 12NV28 FVRS10LAC

0.42%

HDFC Bank Limited **

2.34%

NTPC LIMITED SERIES 67 8.30 LOA 15JN29 FVRS10LAC

2.85%

Fund Managers

  1. Shriram Ramanathan (Jun 2014 - Present)
  2. Asif Rizwi (Feb 2025 - Present)

Key Information

View Scheme Document

HSBC Corporate Bond-Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on HSBC Corporate Bond-Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HSBC Corporate Bond-Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HSBC Corporate Bond-Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions